“At a time when many mobile-focused fingerprint sensor makers have been assessing the fiscal impact of dropping ASPs, the reports offer some much-needed perspective on the big picture.” Another market research firm is pointing to the ongoing ascendancy of the fingerprint sensor market. The latest evidence comes by way of ABI Research. In a report…
“MarketsandMarkets highlights the efforts of NEXT Biometrics, Fingerprint Cards, and IDEX in pioneering these technologies.” While a number of fingerprint sensor specialists have come under intense market pressure over the past year due to shrinking margins in the mobile sector, the overall fingerprint sensor market will continue its upward trajectory over the next several years,…
“The global footprint for biometric-based border automation is expanding as ABC eGates and APC Kiosks have become mainstream and air, land, and sea ports look to increase reliance on these highly successful traveler facilitation solutions.” – Maxine Most, Principal, Acuity Market Intelligence Acuity Market Intelligence is tracking the ascent of automated border control (ABC) and automated…
Apple’s been known to set the trends in consumer mobility, and no greater example is when Apple announced Touch ID in 2013. Following this announcement, a cascading roll out of smartphones around the globe with integrated fingerprint sensors ensued. So much so that fingerprint-based security is now considered standard issue on most devices. So what’s…
The emergence of the Internet of Things presents a huge opportunity for the global security and surveillance sensors market, suggests a new report from Frost & Sullivan. In a statement, the growth consultancy firm announced ‘three big predictions’ for this market: That sensors will form the “physical layer” to IoT-driven machine-to-machine communications; new communication protocols…
The global biometric healthcare market will grow from a value of $2.1 billion last year to $13.9 billion by 2025, according to a new market forecast from Credence Research, Inc. That reflects a CAGR of 22.9 percent for the forecast period. The firm argues that concerns about digital security and fighting fraud are the major…
The global iris recognition market will grow at a CAGR of 21 percent between this year and 2021, according to a new market forecast from Technavio. Entitled, ‘Global Iris Recognition Market 2017-2021’, the report comes amid growing excitement around iris recognition in the mobile sector. Samsung has proven to be a champion of the technology,…
The global healthcare biometrics market will reach a value of $12 billion by 2025, according to a new forecast from Crystal Market Research. Entitled, ‘Healthcare Biometrics Market by Technology, Application, and End User – Global Industry Analysis and Forecast to 2025′, the report points to multiple factors driving this growth. A big one is the…
The automotive biometrics market will reach a value of $969 million by 2023, according to a new report from Goode Intelligence. Entitled, “Biometrics for the Connected Car; Automotive Biometrics Market Analysis & Forecasts 2018-2023”, the report asserts that this value will reflect a CAGR of 96 percent over the forecast period. In a statement announcing…
The educational sector of the global biometrics market is poised to see annual growth of 26 percent between 2017 and 2021, according to a new report from Technavio. Several factors are going to drive this growth. In the APAC region and the GCC countries, biometric technologies are increasingly seen as a part of general infrastructure…
“Proponents of on-device biometric authentication argue that server-side systems are vulnerable to breaches, but Most says these concerns ‘have been sensationalized.’” Cloud-based biometric authentication is emerging as a key trend in digital services, argues a new white paper from Acuity Market Intelligence. The trend will be particularly important for financial services organizations, who ignore it…
While fingerprint recognition has tended to see strong growth and revenues in the past, new biometric modalities like vein, iris, and facial recognition are seeing “strong adoption across industries,” according to Frost & Sullivan TechVision Senior Industry Analyst Swapnadeep Nayak. That’s one of the key findings in Frost & Sullivan’s new report, “Cybersecurity Innovations in…
The global fingerprint biometrics market will grow at a CAGR of almost 12 percent over the next few years, according to a new report from Technavio. The market research firm says that the government sector in particular is showing strong demand for the technology due to the need for strong authentication and to fight crime.…
Biometric technology is increasingly standard fare in digital door lock systems, suggests a new publication by Transparency Market Research. The firm has released a new report looking at the overall ‘Digital Door Lock Systems Market’, in which it asserts that biometric door lock systems accounted for 67 percent of the market last year. In 2025, such…
The rapidly ascending popularity of mobile fingerprint scanning is helping to lead growth in numerous other areas, says ABI Research. Reporting on findings from its Biometric Technologies and Applications publication, the market research firm says that by 2022, fingerprint sensors will reach a 95 percent penetration rate of the smartphone market. That echoes a forecast…
The mobile and wearable biometric authentication markets will reach a combined value exceeding $6.2 billion by the year 2022, according to a new report from Goode Intelligence. Entitled Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (third edition), the report also predicts that more than 3.3 billion users will be reaping the benefits of…
Concerns about terrorism continue to drive the military biometrics market, with growing demand from the Asia Pacific region, according to a new report from Transparency Market Research. While concerns about terrorism have been a key market driver for many years, they’re now being exacerbated by mass migration, with several countries “reeling under increased distress over…
The enterprise sector’s growing use of cloud computing is driving demand for Identity as a Service (IDaaS) solutions, according to a new report from Frost & Sullivan’s TechVision unit. The firm’s new report, Technologies Empowering Future of Identity Management, argues that identity and access management (IAM) challenges “are more business-centric than technology-centric,” as it puts…
The worldwide national electronic ID market will produce more than $54 billion in revenues between 2016 and 2021, according to a new forecast from Acuity Market Intelligence. The firm’s report, The Global National eID Industry Report: 2017 Edition, predicts that during that same period, the number of countries issuing eID cards will rise from 124 to…